Free Republic

Speaking at a book launch in Westminster on Tuesday Mr Farage told the PoliticsHome website that he would soon be doing Mr Sunak's job. Teasing Conservative MPs present at the event, the former Ukip leader initially said he was serious but later said he was joking. “I’d be very surprised if I were not Conservative leader by ‘26. Very surprised," he told the website. “They think I’m joking," he said, referring to others present, adding: "I’m serious.” He later tried to row back on his comments and said they were meant “in jest”. Mr Farage quit the Tories 30 years...

The EU summit hammered out yet another temporary fix today, albeit a complicated one. The proposal involves the creation of a "European Monetary Fund" and it will require changes to the Maastricht Treaty. Paul Krugman does not like the austerity measures and ECB president Jean-Claude Trichet had to eat his words regarding defaults and acceptance of defaulted bonds as collateral. German taxpayers may potentially be screwed big time on this bailout. Can this agreement hold together? Before deciding let's look at some details. "European Monetary Fund" Created In what French President Nicolas Sarkozy likens to a "European Monetary Fund", EU...